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December 26, 1996
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549-1004
Re: Hilliard-Lyons Government Fund, Inc.
1933 Act Registration 2-68290
Ladies and Gentlemen:
In accordance with Rule 497(j) of Regulation C under the Securities Act of
1933, Hilliard-Lyons Government Fund, Inc. (the "Fund") certifies that:
a. the form of prospectus and statement of additional information that
would have been filed under paragraph (c) of Rule 497 would not have
differed from that contained in the most recent post-effective
amendment to the Fund's registration statement on Form N-1A; and
b. the text of the most recent post-effective amendment to the Fund's
registration statement was filed with the Commission electronically on
December 20, 1996.
Very truly yours,
HILLIARD-LYONS GOVERNMENT FUND, INC.